Amira Nature Foods Ltd (NYSE:ANFI) Given Average Recommendation of “Strong Buy” by Analysts

Amira Nature Foods Ltd (NYSE:ANFI) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports.

Zacks has also assigned Amira Nature Foods an industry rank of 205 out of 256 based on the ratings given to its competitors.

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a $6.00 price target on shares of Amira Nature Foods in a report on Thursday, March 21st.

Shares of NYSE ANFI remained flat at $$0.92 during trading hours on Friday. The company had a trading volume of 338,001 shares, compared to its average volume of 354,598. Amira Nature Foods has a fifty-two week low of $0.30 and a fifty-two week high of $2.68. The firm has a market cap of $34.27 million, a PE ratio of -10.22 and a beta of 2.55.

An institutional investor recently bought a new position in Amira Nature Foods stock. Deutsche Bank AG purchased a new stake in Amira Nature Foods Ltd (NYSE:ANFI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 63,709 shares of the company’s stock, valued at approximately $26,000. Deutsche Bank AG owned approximately 0.17% of Amira Nature Foods as of its most recent SEC filing. 12.36% of the stock is owned by hedge funds and other institutional investors.

Amira Nature Foods Company Profile

Amira Nature Foods Ltd. engages in processing, sourcing, and selling packaged Indian specialty rice. The company provides various types of basmati rice, other specialty rice and other food products, ready-to-eat snacks, edible oils, and organic products for retailers under the Amira brand; and non-basmati rice.

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